Amundi Investment Institute, led by Monica Defend, examines the renewed rise in global government bond yields and the forces keeping rates elevated.
- Global government bond yields are approaching 4%, the highest level since 2007, as strong US activity data, higher oil prices and heavy borrowing pressure markets.
- The move is broad-based, with US, German and Japanese yields all reaching multi-year highs.
- Amundi sees a higher-for-longer yield regime, with elevated volatility but increasingly attractive income opportunities for diversified fixed-income investors.
Explore the full report for a broader view of the macro and market forces driving global yields.